28/06/2023
Our business model revolves around three core services: Music Distribution, Mixing, and Mastering. Consistent with our mission, we don't profit from the Music Distribution service. Instead, our income originates solely from the Mixing and Mastering services.
We also encourage transactions made via Bitcoin ($BTC) by offering a 2% discount to those choosing this payment method. Any changes to this policy will be announced in a timely fashion.
Our record label's recent acquisition by a larger organization has enabled us to expand our resources and strengthen our team. This transition has inspired a significant update in our approach to artist revenue and promotion.
Artists earn their income through royalties, calculated based on the number of music streams or the overall listening traffic they attract.
Of the royalties generated after tax, 20% will be used to promote their music on Instagram and Facebook via Ads. This will help to increase their reach and visibility, and ultimately generate more streams and royalties. This will be implemented for each and every release, for each and every Prime Bliss Records artist.
The remaining 80% of the royalties can be withdrawn after they have acquired $150. This can be done by contacting our customer support team.
We believe this strategy provides our artists with an equitable balance between immediate income and long-term promotion, fueling their success in an increasingly digital music landscape.